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To: wagglebee

Not just that — the real answer is to ALWAYS charge a risk premium commensurate with the credit rating of the borrower. Basic finance principals were ignored by Clinton and cronies for the sake of “fairness.”


49 posted on 09/20/2008 4:49:45 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom; wagglebee

NOT true. If someone presents with stellar credit and proper collateral, and the lender is satisfied with it, there is no reason to have government force them to require a major down payment on any sort of loan. The contract between borrower and lender should not be regulated to such a degree.

Of course with all the socialist, unconstitutional mess going through, my vision of what I think should be common sense is looking more and more like a pipe dream.. but it’s still the truth.


185 posted on 09/21/2008 11:57:04 AM PDT by lainie
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